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PPP Loan Data — Donsco, Incorporated, Wrightsville, PA

SBA PPP loan data, payroll data, and salaries for Donsco, Incorporated
PA

Donsco, Incorporated

Entity: Corporation

Industry: Plate Work Manufacturing

Location: Wrightsville, PA

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Donsco, Incorporated is a corporation located at 124 N Front St in Wrightsville, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,050,832.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.05M

Jobs Retained:

350

Loan Approved:

2020-04-07

Lender:

MEMBERS 1ST FCU

Donsco, Incorporated in Wrightsville, PA received a Paycheck Protection Loan of $4.05M through MEMBERS 1ST FCU, which was approved in April, 2020.

Based on standard PPP eligibility rules, Donsco, Incorporated's total 2019 payroll expenses were approximately $19.44M in order to qualify for the PPP loan amount received.

Based on their reported 350 jobs retained, this equals an estimated average yearly compensation of $55,554 per employee1.

Because the loan received by Donsco, Incorporated is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Donsco, Incorporated in Wrightsville, PA

Donsco, Incorporated
124 N Front St
Wrightsville, PA 17368

Business Industry

Plate Work Manufacturing (NAICS code 332313)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: PA-11

Industry PPP Comparison Statistics

Nationwide, 1,433 businesses in the "Plate Work Manufacturing" industry received a total of $345,161,838.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 19 employees, 95% lower than Donsco, Incorporated's reported 350 employees, and received an average PPP loan of $240,867, 94% lower than this company's loan of $4.05M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/donsco-incorporated-wrightsville-pa